Overview:
Ammonium Phosphate, an inorganic salt of ammonium and phosphate is a non-combustible substrate that decomposes at 155ºC to emit toxic fumes of nitrous oxide, phosphorus oxide, and ammonia. Among various types of ammonium phosphate, mono-ammonium phosphate (MAP), di-ammonium phosphate (DAP) are commonly used in fertilizers, flame retardant, water treatment chemicals, food & beverages, and many others across the globe.
Needless to mention that the ammonium phosphate has garnered a huge market prominence, witnessing augmenting demand. Also, the market is expected to continue to attract massive investments which will escalate the market growth to furthering heights.
Acknowledging the kind of growth, the market perceives currently, Market Research Future (MRFR) in its recently published study report asserts that the Ammonium Phosphate Market is estimated to accrue exponentially by 2023 posting a striking 3.65% (2020-2030) while remaining highly attractive to draw substantial investments in the years ahead.
Use of ammonium phosphate as a fertilizer possess around 40% of the market share of the market which is expected to grow further due to the augmenting uptake of fertilizers in the agricultural countries such as China, Brazil, and India.
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Flame Retardant is the second largest application segment of ammonium phosphate which is expected to foster the market growth due to increasing demand from various industries for safety measurements. Furthermore, ammonium Phosphate is used as a yeast nutrient in winemaking and wead brewing, and for purifying sugar. Additionally, the increasing need for water treatment and growing demand in industrial applications are propelling the market growth.
On the flip side, the stringent regulations associated with the recovery for struvites, ashes, biochars, and pyrolysis products are estimated to restrict the overall market growth, especially in the developed regions.
Regional Analysis
The Asia-Pacific market is showing promises of retaining its dominance during the forecast period, all the while maintaining the highest CAGR. This growth can be attributed to the high number of arable lands in several agrarian economies. Increasing industrialization is also a major reason that is providing a tailwind to the growth of the market. China, India, Japan, Indonesia, Malaysia, are some countries from the region with huge promises for growth. Hike in urbanization is promoting a strong demand for water treatment plants owing to which the market would register better growth. China’s contribution would be substantial.
North America had the second spot in 2018 and it is getting traction from the better implementation of various irrigation plans. But the market finds an obstacle in the growing rejection of chemicals from the agricultural sector, which can prevent the market from achieving a decent growth. The US is one of the leading ammonium phosphate producers and it is getting backup from the cultivation of soybean and corn crops. In Europe, stringent regulations are a drawback for the market as most of the countries are reducing their application of ammonium phosphate.
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Segmentation Analysis
The global report on the ammonium phosphate market, as published by MRFR, can be segmented on the basis of type and application. These segments are known for their extensive coverage of various factors and inputs. This would help in having insights and planning market strategies accordingly.
By type, the global market report on the ammonium phosphate has been segmented into di-ammonium phosphate (DAP), mono-ammonium phosphate (MAP), and ammonium polyphosphate. These segments are known for their specific consumers and can produce substantial revenue in the coming years.
By application, the global market report on the ammonium phosphate has been segmented into animal feed, fertilizer, food & beverages, water treatment, flame retardant, and others. The food & beverage industry, along with the water treatment segment is expected to launch high growth for the global market. The water treatment segment would gain much traction from the rapidly increasing urbanization.
Competitive Landscape:
The global ammonium phosphate market has the chance of benefiting from the growing inclusion of strategies launched by companies showing interest in the market. These companies are known for their recent contributions in the market and have been studied to assess the possibilities of market growth in the coming years. These players are Coromandel International Limited (India), Haifa Group (Israel), Nutrien Ltd (Canada), OCP (Morocco), Yunnan Yuntianhua International Chemical Co., Ltd (China), Innophos, Inc. (China), Prayon SA (Belgium), Chemische Fabrik Budenheim KG (Germany), Maaden - Saudi Arabian Mining Company (Saudi Arabia), Forbes Pharmaceuticals (India), and The Mosaic Company (US).
In August 2019, the Egyptian government announced the inauguration of a phosphate and compound fertilizer complex in Ain Sokhna. This is the largest one in the Middle East & Africa region and would produce ammonium phosphate among many other chemicals.
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Market Research Future Published a Research Study on Ammonium Phosphate Market Research Report, Size, Share and Industry Analysis- Forecast to 2025Ammonium phosphate is a chemical salt of ammonia and phosphorus.
It is highly unstable, non-combustible compound and thermally decomposes to emit fumes of phosphorus oxides, nitrogen oxides, and ammonia.
Ammonium phosphate is extensively used in fertilizer manufacturing and is holding a major share of the global ammonium phosphate market.
The various available types of ammonium phosphates’ are mono-ammonium phosphate (MAP), di-ammonium phosphate (DAP), and ammonium polyphosphate.Ammonium phosphate is used for the production of the most concentrated fertilizers namely Meta, pyro, and orthophosphates of ammonia.
The global ammonium phosphate market is mainly driven by its application as a fertilizer due to the increasing demand from major agricultural economies such as India, Brazil, Argentina, China, Indonesia, among others.
Di-ammonium is widely used as a fire extinguisher due to its property of reducing combustion temperature and increasing rate of char formation, which reduces the chances of a fire breakout.
A novel research report on Global Ammonium Phosphate Market has been recently published by Reports and Data covering latest trends and key market developments during the forecast period from 2018 to 2026.
The report offers an in-depth analysis of forecast insights, market size, emerging trends, revenue growth, top companies, growth factors, restraints and opportunities in the global Ammonium Phosphate market.
The report also offers an accurate analysis of competitive landscape, sales statistics and regional manufactures.
The data has been extracted through extensive research and is further validated by professionals and experts in the industry.
The report uses charts, graphs, tables and figures to visually reflect the statistical data collected and makes it easier for readers to understand the market situation.
Some of the companies that have been considered for analysis are Lanxess AG, Solvay S.A., CF Industries Holdings, Inc., Jordan Phosphate Mines Company, Chemische Fabrik Budenheim KG, Yara International ASA, and United Phosphorus Limited Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1751 The report offers complete analysis of the global Ammonium Phosphate market with detailed information and details about leading companies with their global position, manufacturing capacity, revenue contribution and strategic plans for expanding their market position.
It is one of the mineral phosphorous sources which is commonly used in organic diets.
It is commonly produced by reacting superphosphate with an alkaline agent.
Dicalcium Phosphate Market is commonly used as dough modifier, nutritional supplement, emulsifier, leavening agent, and stabilizer in cake, pastry, flour, and baked goods.
It is widely used in numerous application such as fertilizer, animal feed, pharmaceuticals, cosmetics, food & beverages, and others.Some of the prominent factors that positively influence the growth of the Dicalcium Phosphate Market are rising per capita disposable income, rapid urbanization, and continuous growth of pharmaceutical sector.
Furthermore, growing use of pharmaceuticals has led to an increase in the demand for Dicalcium Phosphate Globally.
However, high cost associated with the raw material as well as increasing demand for alternative fertilizer is estimated to hamper the growth of the market.Competitive Analysis:The major players operating in the Dicalcium Phosphate Market are Kemapco Arab Fertilizers & Chemicals Industries LTD (Jordan), ICL (Israel), CaP Biomaterials, LLC (U.S.), Merck KGaA (Germany), Hindustan Phosphates Pvt.
